Tyler Rowley
Private Lenders - Nervous to Get Started
I know how to find deals. I have lenders lined up to fund deals. The thing holding me back is the logistics of going through the process of using a private lender for the first time. I don't want to appear ignorant in...
Ben Stewart
Appraised Value Loan Options - Chicago
Hi All,
Does anyone have a local lender that will lend on appraised value? I'm looking at Chicago south suburb SFHs buy and hold 15-30 year fixed and was curious if any lenders even have that option available.
Tha...
Geoff Woods
Starting to use OPM the right way...
Hi All,
My goal is to have $12,000/mo in passive income in the next 7 years. After locking down my first 4plex through conventional financing, I realized quickly that 10 conventional deals will not get me there. How...
Manuel Savorelli
How important is income on tax returns for conventional loans?
Could you get approved for a conventional commercial loan for a small apt property if you only had roughly 20k on your tax returns but have an excellent credit score, $0 debt, real estate owned free and clear, and cas...
Luis Cruz
Quitclaim deed and H.E.L.O.C.
Hey, Bp is it possible to get an H.E.L.O.C. on a property that you acquired through a quick claim deed?
Steven Wilson
Business loan for rental house?
I have a 790 personal credit score, but that's about it. I lost my job, don't have a lot of savings, and don't have experience as a landlord. Is it possible for me to get a business loan to purchase a rental house?
Deep Patel
Getting a loan with low income
Currently in a very sticky situation. We are in a contract to sell a two family in North Jersey and should free up about $525k for a 1031. However, currently my father, who owns the property, has been unemployed for a...
Christopher Simmons
Multi unit first time buyer
So I’m looking to buy my first investment property in about two years and look at the multiunit split level apartment or duplex or triplex what should I be looking to get in preparation for
Bryan Vincent
Parents need help getting a land loan
My parents Want to get a Loan for land. it is under 50k but despite my father having decent credit( they require over 700 for all 3 scores and 1 of his is over 700 while the others are high 600's) they denied him the ...
Michael Cote
How does a HELOC effect a deed with multiple people on it?
If my sister, my brother, and I are all on a deed to a property. What happens if one of us takes out a HELOC on the property? Do they have get the approval from the other two people to even get the HELOC? How will it ...